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A B Abbey Automobile Engineering Co Limited

04915980

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1103-5 HESSLE HIGH ROAD, HU4 6SD
Incorporated 30/09/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Pauline Abbey

secretary · Since 30/09/2003

SECRETARY ADMINISTRATOR

BRITISH · ENGLAND · Age 84

Also on 3 other boards

Darren Benjamin Abbey

director · Since 30/09/2003

MOTOR ENGINEER

BRITISH · ENGLAND · Age 58

Pauline Abbey

director · Since 30/09/2003

SECRETARY ADMINISTRATOR

BRITISH · ENGLAND · Age 84

Also on 3 other boards

Mr Richard Anthony Abbey

director · Since 30/09/2003

MOTOR ENGINEER

ENGLISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Mr Darren Benjamin Abbey

25–50% shares
25–50% votes

English · England · Age 58

1103-5 Hessle High Road, HU4 6SD

Notified 06/04/2016

Mr Richard Anthony Abbey

25–50% shares
25–50% votes

English · England · Age 54

1103-5 Hessle High Road, HU4 6SD

Notified 06/04/2016

Mrs Pauline Abbey

25–50% shares
25–50% votes

English · England · Age 84

1103-5 Hessle High Road, HU4 6SD

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/11/2019Registered 28/11/2019
charge
satisfied

HSBC BANK PLC

Created 09/01/2004Registered 13/01/2004Satisfied 27/11/2019

CompanyRankvs 14465+ SIC 45200 peers
42

Financial strength57th percentile among SIC peers · 14/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil

Key FinancialsYear ending 31/12/2024

Net Worth

£10k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£50k

Current Liabilities

£72k

Fixed Assets

£132k

Debtors

£20k

5avg. employees-1

Balance Sheet

Bank loans & overdrafts£111k
Assets less current liabilities£109k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69+£702
20230.87-£13k
20221.21-£15k
20211.98-£17k
20202.06+£28k
20190.35+£17k
20181.00

Derived from filed accounts. Not audited figures.